Japan's wholesale prices inch up at the fastest pace in 9 years

Japan's wholesale prices inch up at the fastest pace in 9 years

In September, Japanese wholesale prices tacked on at the fastest annual pace for nearly 9 years. It’s because of ascending prices for metals, gasoline as well as agricultural products. However, the revenues won't necessarily drive the Asian country's notoriously poor inflation.

Financial experts actually expect consumer prices to edged up only gradually because a great number Japanese companies are used to absorbing higher input costs rather than lifting prices, thus making it difficult for the BOJ to meet its 2% inflation objective.

In September, wholesale prices leapt 3% from 2016, jumping for the ninth straight month, as BOJ data disclosed on Thursday.

September's revenues demonstrated the fastest wholesale price surge since October 2008, excluding the effect of the country’s sales tax lift in 2014.

In September, Japanese bank lending grew 3% versus last year, as separate data revealed.





Japan February export surge is caught speeding down

In February, Japan's exports tacked on at a slower tempo than in January because of the timing of the Lunar New Year holiday, although their upward trend’s supposed to stay unchanged with steady external demand, as a Reuters survey disclosed on Friday…


Japan real wages surge is slowest in almost two years

Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…

promotions you can be interested in

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera